What is the profitability index of a project that costs $8,000 and provides cash flows of $2,300 in years 1 and 2 and $4,300 in years 3 and 4? The discount rate is 8%. (Do not round intermediate calculations. Round your answer to 4 decimal places.)

What is the profitability index of a project that costs $8,000 and provides cash flows of $2,300 in years 1 and 2 and $4,300 in years 3 and 4? The discount rate is 8%. (Do not round intermediate calculations. Round your answer to 4 decimal places.) Profitability index 1.3345 X